851 N Donnelly St - Medical FOR SALE


Mount Dora, FL 32757
$1,200,000 USD
352-267-3560
851 N Donnelly St, Mount Dora, FL for Sale
$1,200,000 USD
Medical - FOR SALE
1/20
null | 4.84% Cap Rate

851 N Donnelly St
Mount Dora, FL 32757


HIGHLIGHTS

  • High Traffic visability with monument sign. Designated parking lot.

OVERVIEW

851 is a professional office building. The building generates a stable professional services income stream that is less sensitive to tourism seasonality and consumer discretionary spending cycles. With 16 dedicated parking spaces, it has a significant competitive advantage for office use in a downtown environment where parking is a at a premium. The property also presents a value-add opportunity: should market conditions warrant, the building could be repositioned for mix-use or additional retail/F&B conversion, capitalizing on the continued growth and densification of the Downtown Mount Dora commercial district.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$368 USD /SF

CAP RATE

4.84%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1896

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

C-2

APN/PARCEL ID

29-19-27-0010-035-00011

ASK ABOUT THIS PROPERTY

Michell MiddletonHomestead Real Estate LLCMore Info
352-267-3560

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Michell MiddletonHomestead Real Estate LLCMore Info
352-267-3560

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.